Debt Crisis In EU, Rising Jet Fuel Prices Will Hurt
Profits
The influential Frost & Sullivan consulting firm finds some
contradictions among recent market forecasts issued by Airbus,
Boeing, and IATA, the International Air Transport Association.
Diogenis Papiomytis, Frost & Sullivan Principal Consultant,
says most western airlines are in need of modernization, even
though their respective markets will see little growth over the
next few years.